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- W2548395153 abstract "In general, economic growth is defined as an increase in output of goodsand services produced by a country in a particular year than the previous year.Economic growth is an indicator of development results that have been carried outand as a determinant of the direction of further development, positive economicgrowth shows the scale economy improved.The economic growth of a country is influenced by capital accumulationsuch as investment in land, equipment and machinery, facilities and infrastructure,natural resources, quality and quantity of human resources, access to informationtechnology advances, innovation, and the ability of self-development and workculture (Todaro, 2000). Capital accumulation occurs when a portion of the incomeis saved and reinvested with the aim to increase the output and income in thefuture. Procurement of new factories, machinery and raw materials can increasethe physical capital stock of a country. Factor human resources is affected bypopulation growth and an increase in quality so as to further improve productivityto generate output. While technological progress that for most economists mainlytechnocrats, is the most important source of economic growth, because it canproduce higher output levels using the same number and combinations of inputfactors." @default.
- W2548395153 created "2016-11-11" @default.
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- W2548395153 date "2015-07-06" @default.
- W2548395153 modified "2023-09-26" @default.
- W2548395153 title "THE CONTRIBUTION OF PUBLIC INFRASTRUCTURE ON REGIONALECONOMIC GROWTH" @default.
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